~ A Blog on Gems

Trans Hex Sales and Prices Decline

RAPAPORT… Revenue fell for South Africa-based Trans Hex in the past
fiscal year as the company sold a smaller volume of diamonds and prices
declined, the miner said in a statement last week.
Sales of rough diamonds slumped 19.5% to $41.8 million (ZAR
540.2 million) in the 12 months that ended March 31. Diamond sales by volume
fell 17.5% to 40,187 carats, while the average price of rough sol…